In an attempt to further diversify its products, Blackrock is pushing further into the tech sector with the $1.3 billion acquisition of a real estate analytics firm. The firm will wholly acquire French company eFront, which offers real estate investors and private equity firms analytics on their portfolio’s performance, and provides guidance on adhering to accounting and regulatory obligations, according to Bloomberg. As the world’s largest asset manager with $6 trillion under management, Blackrock is […]
source https://therealdeal.com/2019/03/25/blackrock-makes-billion-dollar-bet-on-re-analytics/
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